NEW YORK U.S. stocks pared gains and the Dow turned negative after data showed the U.S. manufacturing sector contracted in November, dropping to its lowest level since July 2009.
The Dow Jones industrial average dropped 8.59 points, or 0.07 percent, to 13,016.99. The Standard & Poor's 500 Index gained 0.63 points, or 0.04 percent, to 1,416.81. The Nasdaq Composite Index added 5.61 points, or 0.19 percent, to 3,015.85.
(Reporting by Chuck Mikolajczak)
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India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG) as the world's third-biggest oil importer seeks to curb its greenhouse emissions, oil minister Dharmendra Pradhan said. Full Article